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Old Dominion Freight Lines Reaches New 52-Week High (ODFL)

Old Dominion Freight Lines (Nasdaq:ODFL) hit a new 52-week high Monday as it is currently trading at $44.08, above its previous 52-week high of $44 with 14,337 shares traded as of 9:50 a.m. ET. Average volume has been 702,000 shares over the past 30 days.

NEW YORK ( TheStreet) -- Old Dominion Freight Lines (Nasdaq: ODFL) hit a new 52-week high Monday as it is currently trading at $44.08, above its previous 52-week high of $44 with 14,337 shares traded as of 9:50 a.m. ET. Average volume has been 702,000 shares over the past 30 days.

Old Dominion Freight Lines has a market cap of $3.69 billion and is part of the services sector and transportation industry. Shares are up 27.7% year to date as of the close of trading on Friday.

Old Dominion Freight Line, Inc. operates as a less-than-truckload (LTL) motor carrier primarily in the United States and North America. It provides regional, inter-regional, and national LTL services.

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TheStreet Ratings rates Old Dominion Freight Lines as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Old Dominion Freight Lines Ratings Report.